Untangling the Foreclosure Mystery— EXAMINING THE CASE OF ONE LOCAL “DEADBEAT” - FORECLOSURE FRAUD

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Untangling the Foreclosure Mystery— EXAMINING THE CASE OF ONE LOCAL “DEADBEAT”

Untangling the Foreclosure Mystery— EXAMINING THE CASE OF ONE LOCAL “DEADBEAT”

Excellent read in it’s entirety … you’ll be glad you did.

Kwtnblue-

The last few weeks, in this newspaper, I have made an attempt to expose what is truly going on in the foreclosure process, and how it ties back to a myriad of other systematic issues affecting our daily lives. Last week, we touched on the fact that the court system is incentivized directly by the Banks that have caused this crisis. But I would be remiss if I did not mention the Foreclosure and Economic Recovery Plan, aka the “Rocket Docket.” In FY 10 -11, our legislature, (clearly influenced by the Banking lobby) devised the Rocket Docket to appoint retired Judges to reduce the backlog (grease the skids) of foreclosure cases by 62 percent during the fiscal year. You might note that appointed retired Judges do not face the scrutiny of elections.


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